Those will have “unique, primarily digital, distribution strategies,” according to the announcement: In other words, don’t expect to see many of these movies hitting theaters.Lionsgate and BuzzFeed plan to launch their first co-production in 2021.
Lionsgate Films (formerly known as Cinépix Film Properties) is an American film production and film distribution studio, headquartered in Santa Monica and founded in Canada, and is the flagship [vague] division of Lionsgate Entertainment.It is the largest and most successful mini-major film studio in North America. Six years ago, the company But as BuzzFeed faced revenue shortfalls, the company scaled back original video projects in a series of layoffs and restructurings. All Rights reserved. “With our innovative marketing strategy and agile distribution teams, combined with BuzzFeed’s impressive and extensive global reach, the partnership will allow two entrepreneurial companies to work together to develop some great IP.”Jason Moring and Michael Philip of production company CR8IV DNA will serve as consultants for the Lionsgate/BuzzFeed movie partnership. Lionsgate to Release Ghost in the Shell Anime Film on UHD 4K Blu-ray Disc on September 8 posted on 2020-07-30 11:00 EDT by Alex Mateo Remastered release commemorates film's … Lions Gate Entertainment Corporation, Geschäfte tätigend als Lionsgate, ist ein in Kanada gegründetes Medienunternehmen. The companies said they have “a number of films” in development, but didn’t provide details.The parties said they will tap into a “wide range of talent, from award-winning filmmakers to emerging new voices” and that the aim of the deal is to “elevate contemporary, authentic storytellers.” Some of the movie projects will be based on BuzzFeed intellectual property.The Lionsgate/BuzzFeed development process will use data from BuzzFeed’s audience-analytics team coupled with the studio’s day-and-date release model, according to the companies.It’s the latest attempt by BuzzFeed to extend its digital-centric business to traditional entertainment. A Variety and iHeartRadio Podcast With a number of films in development, Lionsgate and BuzzFeed will focus both on serving an ever-increasing demand for content with films based on original BuzzFeed IP as well as projects designed to tap into BuzzFeed’s engaged and established communities.Jason Moring and Michael Philip of production company CR8IV DNA will act as consultants. First co-production under the pact due in 2021The companies announced a pact under which they will jointly develop, produce and distribute films. BuzzFeed is teaming up with Lionsgate to develop, produce and distribute feature films theatrically as part of a multi-picture slate, BuzzFeed announced Tuesday. Aiming to elevate storytellers, the partnership will tap into a wide range of talent, from award-winning filmmakers to emerging new voices. In March 2019, Richard Alan Reid, senior VP of global content and film at BuzzFeed, said the pact with Lionsgate “marks a new chapter for BuzzFeed and our studio endeavors.”“We are expanding our strategy to include long-form content, with a slate that celebrates identity, diversity and youth culture, and concepts that highlight themes and characters not typically at the center of pop movies,” Reid said in a statement.“We are thrilled to collaborate with BuzzFeed to expand our digital footprint with a slate of original films that speak to their highly engaged audience,” Lauren Bixby, Lionsgate’s VP of acquisitions and co-productions, said in a statement. Lionsgate and BuzzFeed plan to launch their first co-production in 2021.“We are thrilled to collaborate with BuzzFeed to expand our digital footprint with a slate of original films that speak to their highly engaged audience,” said Lauren Bixby, Lionsgate VP Acquisitions and Co-Productions. Lionsgate’s proven day-and-date release model and flexible distribution capabilities provide the joint effort invaluable market experience in presenting groundbreaking films that will appeal to young adult audiences around the world.Signup for Breaking News Alerts & NewslettersGet our latest storiesin the feed of your favorite networksWe want to hear from you! “With our innovative marketing strategy and agile distribution teams, combined with BuzzFeed’s impressive and extensive global reach, the partnership will allow two entrepreneurial companies to work together to develop some great IP.”With a mission of celebrating and activating the newest generation of movie-lovers, content produced through the partnership will explore themes ranging from comedic reflections on the complexities of daily life to more timely societal issues.“This exciting partnership with Lionsgate marks a new chapter for BuzzFeed and our studio endeavors,” said Richard Alan Reid, SVP Global Content & Film at BuzzFeed.